US CB Consumer Confidence Index rises to 102 in November
|- US CB Consumer Confidence Index rose in November, after a negative revision to October figures.
- US Dollar Index remains around 103.00, at monthly lows.
Consumer sentiment in the US recovered in November, with the Conference Board's Consumer Confidence Index rising to 102.0 in November from 99.1 in October (revised from 102.6).
Further details of the publication revealed that the Present Situation Index edged lower to 138.2 from 138.6 and the Consumer Expectations Index rose to 77.8 from 72.7.
Finally, the one-year consumer inflation rate expectation receded to 5.7% from 5.9%.
Market reaction
The US Dollar Index remained below 103.00, trading at its lowest level since mid-August.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.